The Consumer Surplus Derived from the Last Unit of a Good

question 184

Multiple Choice

The consumer surplus derived from the last unit of a good purchased _____

• A)tends to be less than zero.
• B)tends to be equal to zero.
• C)tends to equal the price of the good.
• D)tends to be greater than the price of the good.
• E)tends to be greater than the marginal utility of the first unit purchased.

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Definitions:

Macroethnography

An ethnographic methodology that examines wider societal patterns through the lens of individual experiences and cultural practices.

Online Ethnography

A research method involving the immersive observation and study of communities and cultures through online platforms and interactions.

Gatekeeper

An individual or entity that controls access to resources, information, or services, often acting as a filter or barrier.